Santos Limited (OTCMKTS:SSLZY – Get Free Report) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 10,400 shares, an increase of 5,100.0% from the March 31st total of 200 shares. Based on an average daily volume of 303,100 shares, the days-to-cover ratio is currently 0.0 days.
Santos Stock Performance
Shares of OTCMKTS SSLZY opened at $5.04 on Friday. Santos has a fifty-two week low of $4.33 and a fifty-two week high of $5.46. The firm’s 50-day simple moving average is $4.90 and its 200 day simple moving average is $4.89.
Santos Increases Dividend
The company also recently announced a dividend, which was paid on Wednesday, April 3rd. Investors of record on Monday, March 4th were issued a dividend of $0.161 per share. This is a positive change from Santos’s previous dividend of $0.09. The ex-dividend date was Friday, March 1st.
About Santos
Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.
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